Gold price today May 7, 2025: Domestic and world gold prices slightly increase

Index

• Update gold price today 5/7/2025 latest in domestic market
• Update gold price today May 7, 2025 latest on the world market
• News, gold price trends today 5/7/2025 domestic and world gold prices

Update gold price today 5/7/2025 latest in domestic market

At the time of the survey at 10:00 a.m. on May 7, 2025, domestic gold prices recorded an upward trend in most major trading systems. The increase ranged from VND 200,000 to VND 700,000/tael, depending on the brand and region. Specifically:

The price of SJC gold bars is listed at 120.7 million VND/tael (buy) and 122.7 million VND/tael (sell), an increase of 500,000 VND/tael in both directions compared to yesterday.

At the DOJI system, the price of SJC gold bars also recorded a similar increase, with the buying and selling prices being VND120.7 million/tael and VND122.7 million/tael, respectively, an increase of VND500,000/tael in both directions.

Mi Hong gold price today increased slightly in the buying direction, reaching 120.7 million VND/tael (up 200,000 VND), while the selling direction increased sharply to 122.7 million VND/tael (up 700,000 VND).

At PNJ, SJC gold bar prices were traded at VND115.5 million/tael (buy) and VND118.1 million/tael (sell). The increase was VND500,000/tael for buying and VND100,000/tael for selling, respectively.

SJC gold price at Bao Tin Minh Chau today is listed at 120.7 million VND/tael (buy) and 122.7 million VND/tael (sell), an increase of 500,000 VND/tael in both directions.

Contrary to the market's upward trend, SJC gold price at Phu Quy slightly decreased by VND 100,000/tael in both directions, down to VND 119.7 million/tael (buy) and VND 122.7 million/tael (sell).

As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 114.5-118.0 million VND/tael (buy - sell); down 1 million VND/tael in the buying direction compared to yesterday. Bao Tin Minh Chau listed the price of gold rings at 117.5-120.5 million VND/tael (buy - sell).

Gold price today May 7, 2025: Domestic and world gold prices slightly increase

Gold prices today, May 7, 2025, show a dominant upward trend in major brands, with a uniform increase in many systems. However, some brands such as Phu Quy recorded a slight decrease, creating differentiation in the market. Experts predict that gold prices may continue to fluctuate in the coming time, depending on the economic situation and developments in world gold prices.

The latest gold price update table today, May 7, 2025 is as follows:

Gold price today
	Buy		Sell
SJC in Hanoi	120.7	▲500	122.7	▲500
DOJI Group	120.7	▲500	122.7	▲500
Red Eyelashes	120.7	▲200	122.7	▲700
PNJ	115.5	▲500	118.1	▲100
Vietinbank Gold			122.7	▲500
Bao Tin Minh Chau	120.7	▲500	122.7	▲500
Phu Quy	119.7	▼100	122.7	▼100

1. DOJI - Updated: 5/7/2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
Type	Buy	Sell
AVPL/SJC HN	120,700 ▲500K	122,700 ▲500K
AVPL/SJC HCM	120,700 ▲500K	122,700 ▲500K
AVPL/SJC DN	120,700 ▲500K	122,700 ▲500K
Raw material 9999 - HN	114,300 ▼1000	117,100 -
Raw material 999 - HN	114,200 ▼1000	117,000 -

2. PNJ - Updated: 05/07/2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
SJC PNJ gold bars	120,700,000 ▲500,000	122,700,000 ▲500,000
PNJ 9999 round gold ring	115,500,000 ▲500,000	118,100,000 ▲100,000
Kim Bao 9999 Gold	115,500,000 ▲500,000	118,100,000 ▲100,000
Gold Phuc Loc Tai 9999	115,500,000 ▲500,000	118,100,000 ▲100,000
PNJ Gold Bar - Phuong Hoang	115,500,000 ▲500,000	118,100,000 ▲100,000
PNJ 9999 Gold Jewelry	115,000,000 ▲0	117,500,000 ▲0
PNJ 24K Gold Jewelry	114,880,000 ▲0	117,380,000 ▲0
99 gold jewelry	113,930,000 ▲0	116,430,000 ▲0
916 Gold (22K)	105,230,000 ▲0	107,730,000 ▲0
18K PNJ Gold	80,780,000 ▲0	88,280,000 ▲0
680 Gold (16.3K)	72,550,000 ▲0	80,050,000 ▲0
650 Gold (15.6K)	69,030,000 ▲0	76,530,000 ▲0
610 Gold (14.6K)	64,330,000 ▲0	71,830,000 ▲0
14K PNJ Gold	61,390,000 ▲0	68,890,000 ▲0
416 Gold (10K)	41,530,000 ▲0	49,030,000 ▲0
375 Gold (9K)	36,710,000 ▲0	44,210,000 ▲0
333 Gold (8K)	31,430,000 ▲0	38,930,000 ▲0

3. SJC - Updated: 5/7/2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	120,700 ▲500K	122,700 ▲500K
SJC gold 5 chi	120,700 ▲500K	122,720 ▲500K
SJC gold 0.5 chi, 1 chi, 2 chi	120,700 ▲500K	122,730 ▲500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	116,000 ▲500K	118,500 ▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	116,000 ▲500K	118,600 ▲500K
Jewelry 99.99%	116,000 ▲500K	117,900 ▲500K
Jewelry 99%	112,232 ▲495K	116,732 ▲495K
Jewelry 68%	73,830 ▼159	80,330 ▲340K
Jewelry 41.7%	42,819 ▼291	49,319 ▲208K

Update gold price today May 7, 2025 latest on the world market

At the time of trading at 10:00 a.m. on May 6, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,385.63 USD/ounce. Converted according to the USD exchange rate on the free market (26,180 VND/USD), the world gold price is equivalent to about 107.12 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (120.7-122.7 million VND/tael), the SJC gold price is currently about 15.58 million higher than the international gold price.

Update gold price today May 7, 2025 latest on the world market

Today, May 7, 2025, the price of gold on the world market has slightly increased, partly due to the optimistic sentiment about the possibility of trade negotiations between the US and China, which has changed the demand for safe-haven assets such as gold. Specifically, the spot price of gold has increased by nearly 1%, to 3,390.18 USD/ounce at around 10:00 GMT. Previously, in yesterday's trading session, the price of gold increased by nearly 3%, showing strong market volatility.

The main reason for the decline is believed to be that investors are expecting positive signals from trade negotiations between the two major economies. Ilya Spivak, head of global macro at Tastylive, said that the market is moving into a "high-risk" state as there are signs that the US and China have started real negotiations. The upcoming meeting between US Treasury Secretary Scott Bessent, top trade negotiator Jamieson Greer and senior Chinese economic official Xia Lifeng in Switzerland later this week has further increased these expectations.

However, tensions remain high as the two countries imposed retaliatory tariffs on each other last month, raising concerns about a global trade war that could lead to a recession. US President Donald Trump has also said he and senior officials will review potential trade deals in the next two weeks to decide what to accept, keeping markets on their toes.

In addition, investors' attention today is also focused on the Federal Open Market Committee (FOMC) meeting - the policy-making body of the US Central Bank (Fed). The Fed is expected to keep interest rates unchanged at this meeting, but will maintain an ambiguous stance to maintain flexibility, especially when trying to assess the impact of the trade war on growth and inflation. According to traders, the Fed may cut interest rates by about 80 basis points this year, starting in July, and the comments of Fed Chairman Jerome Powell will be an important factor to reveal this time.

Gold is often seen as a safe haven in times of economic and political uncertainty, especially when interest rates are low. This means that if interest rates fall, gold prices can be supported and rise again. However, in the current situation, the prices of other precious metals such as silver, platinum and palladium are also falling, to $32.93, $979.07 and $970.28 per ounce, respectively, indicating general pressure on the precious metals market. Therefore, the gold price today, May 7, 2025, on the world market is being influenced by both trade expectations and the Fed's decision, creating a complicated picture for investors.

News, gold price trends today 5/7/2025 domestic and world gold prices

Gold prices today, May 7, 2025, are experiencing notable fluctuations in the international market. Although gold prices have recently had a sharp downward adjustment session, the general trend is still increasing due to the unstable world context. Decisions by the administration of US President Donald Trump can greatly affect the global financial and commodity markets.

In the US stock market, the risk-off sentiment is returning as there has been no breakthrough in the global trade war. This has caused investors to seek gold as a safe haven. In addition, the appreciation of some key currencies such as the Japanese yen is putting pressure on the USD, causing the gold price today, May 7, 2025, to be affected when the USD weakens.

Technically, gold is facing strong resistance at $3,509.9 an ounce, while support is at $3,209.4 an ounce from last week. As of 6 a.m. on May 7, the international gold price reached $3,396 an ounce, up $46 from last night's low of $3,350 an ounce.

Gold prices today, May 7, 2025, continued to rise thanks to strong demand for gold in China, especially from retailers. The Shanghai Gold Exchange recorded a record trading volume, reflecting the trend of hoarding gold in the context of global economic and trade uncertainty. The depreciation of the US dollar also contributed to the increase in gold prices, as gold often has an inverse relationship with this currency, making it more attractive to international investors.

In addition, the US stock index fell and risk-off sentiment increased due to the lack of progress in the global trade war. This further strengthened the role of gold as a safe investment channel, supporting the gold price today, May 7, 2025, to continue the positive trend.

Source: https://baoquangnam.vn/gia-vang-hom-nay-7-5-2025-gia-vang-trong-nuoc-va-the-gioi-nhich-nhe-3154232.html